PayPal Holdings, Inc. (PYPL) Reaches $100.73 High on Mar, 17; Splunk Inc. (SPLK) Covered By 24 Bulls

Splunk Inc. (NASDAQ:SPLK) Logo

Among 28 analysts covering Splunk (NASDAQ:SPLK), 24 have Buy rating, 1 Sell and 3 Hold. Therefore 86% are positive. Splunk had 30 analyst reports since October 4, 2018 according to SRatingsIntel. Macquarie Research maintained the shares of SPLK in report on Friday, March 1 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Friday, March 1. As per Friday, March 1, the company rating was maintained by Deutsche Bank. The rating was maintained by Piper Jaffray on Wednesday, February 27 with “Buy”. The firm earned “Buy” rating on Monday, February 25 by RBC Capital Markets. Rosenblatt maintained Splunk Inc. (NASDAQ:SPLK) rating on Friday, March 1. Rosenblatt has “Buy” rating and $165 target. The rating was maintained by Wells Fargo with “Outperform” on Friday, March 1. As per Friday, March 1, the company rating was maintained by Morgan Stanley. The firm earned “Buy” rating on Monday, November 26 by Stifel Nicolaus. The stock of Splunk Inc. (NASDAQ:SPLK) earned “Outperform” rating by BMO Capital Markets on Friday, November 30. See Splunk Inc. (NASDAQ:SPLK) latest ratings:

14/03/2019 Broker: Mizuho Rating: Buy New Target: $150 Initiates Coverage On
08/03/2019 Broker: Argus Research Rating: Buy New Target: $156 Maintain
05/03/2019 Broker: BidaskScore Rating: Buy Downgrade
01/03/2019 Broker: Jefferies Rating: Buy New Target: $157 Maintain
01/03/2019 Broker: Needham Rating: Buy New Target: $162 Maintain
01/03/2019 Broker: J.P. Morgan Rating: Hold New Target: $130 Maintain
01/03/2019 Broker: Cowen & Co Rating: Buy New Target: $160 Maintain
01/03/2019 Broker: Macquarie Research Rating: Buy New Target: $148 Maintain
01/03/2019 Broker: Rosenblatt Rating: Buy New Target: $165 Maintain
01/03/2019 Broker: Morgan Stanley Rating: Hold New Target: $121 Maintain

The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) reached all time high today, Mar, 17 and still has $109.80 target or 9.00% above today’s $100.73 share price. This indicates more upside for the $118.18 billion company. This technical setup was reported by Barchart.com. If the $109.80 PT is reached, the company will be worth $10.64 billion more. The stock increased 1.72% or $1.7 during the last trading session, reaching $100.73. About 7.58 million shares traded. PayPal Holdings, Inc. (NASDAQ:PYPL) has risen 22.80% since March 17, 2018 and is uptrending. It has outperformed by 18.43% the S&P500. Some Historical PYPL News: 25/04/2018 – PayPal Forecasts Strong Growth, Easing Concerns Over Losing EBay; 24/05/2018 – PAYPAL:GROWTH WILL COME FROM CURRENT AND FUTURE PARTNERSHIPS; 10/04/2018 – Banking Tech: Amazon eyes PayPal’s crown with Alexa payments platform; 03/04/2018 – PayPal Draws Down Additional $500M Under 364-Day Delayed-Draw Term Loan Credit Facility; 18/05/2018 – ♫ Reuters Insider – U.S. Morning Call: China denies it offered a package to slash U.S. deficit by $200 billion; 13/03/2018 – PAYPAL CFO: EBAY IS A GOOD PARTNER; THIS ISN’T AN UGLY DIVORCE; 25/04/2018 – PAYPAL – EXPECTS 2018 REV TO GROW 16 – 18% AT CURRENT SPOT RATES AND 15 – 16% ON AN FX-NEUTRAL BASIS, TO A RANGE OF $15.20 – $15.40 BLN; 24/05/2018 – ADYEN- APPOINTED MORGAN STANLEY & CO., J.P. MORGAN SECURITIES AS JOINT GLOBAL COORDINATORS AND JOINT BOOKRUNNERS FOR OFFERING; 09/05/2018 – PAYPAL HOLDINGS INC – CO, VISA ANNOUNCED AN EXTENSION OF THEIR STRATEGIC PARTNERSHIP TO CANADA; 20/04/2018 – DJ PayPal Holdings Inc, Inst Holders, 1Q 2018 (PYPL)

Since September 17, 2018, it had 0 insider purchases, and 11 selling transactions for $5.43 million activity. $261,103 worth of stock was sold by Carges Mark T on Monday, September 17. Shares for $379,620 were sold by St. Ledger Susan. The insider Tully Timothy sold 2,407 shares worth $264,811. Another trade for 8,750 shares valued at $912,100 was made by SULLIVAN GODFREY on Monday, December 10. The insider STEIN LEONARD R sold 5,398 shares worth $593,839. $1.27M worth of stock was sold by Merritt Douglas on Monday, December 10. Another trade for 3,480 shares valued at $372,151 was made by Morgan Scott on Monday, December 10.

The stock increased 0.71% or $0.9 during the last trading session, reaching $127.32. About 1.94M shares traded or 3.63% up from the average. Splunk Inc. (NASDAQ:SPLK) has risen 36.60% since March 17, 2018 and is uptrending. It has outperformed by 32.23% the S&P500. Some Historical SPLK News: 06/03/2018 – Splunk Named in the Leaders Category of the IDC MarketScape Asia/Pacific Big Data and Analytics Platform 2017 Vendor Analysis; 16/05/2018 – tCell Joins Splunk Adaptive Response Initiative; 22/04/2018 – DJ Splunk Inc, Inst Holders, 1Q 2018 (SPLK); 24/05/2018 – Splunk 1Q Adj Loss/Shr 7c; 25/05/2018 – SPLUNK INC SPLK.O : UBS RAISES TARGET PRICE TO $133 FROM $114; 05/03/2018 GuidePoint Security Recognized as Recipient of 2018 Splunk Partner+ Awards; 12/03/2018 – Cramer also sits down with the CEOs of Splunk and Workday; 12/03/2018 – “Mad Money” host Jim Cramer sits down with Splunk President and CEO Doug Merritt for the latest on his analytics company’s disruptive story; 08/03/2018 – Tech Today: Apple for Snap? Hiking Micron Numbers, Splunk M&A Bait? — Barron’s Blog; 01/05/2018 – Splunk Disrupts IT Infrastructure Monitoring With New Inexpensive Product to Keep Businesses Running

More notable recent Splunk Inc. (NASDAQ:SPLK) news were published by: Nasdaq.com which released: “Why Splunk Stock Has Fallen Despite Record Earnings – Nasdaq” on March 05, 2019, also Nasdaq.com with their article: “Splunk (SPLK) to Report Q4 Earnings: What’s in the Cards? – Nasdaq” published on February 25, 2019, Seekingalpha.com published: “Splunk: Strong Q4 Results, But Unsettling Guidance – Seeking Alpha” on March 09, 2019. More interesting news about Splunk Inc. (NASDAQ:SPLK) were released by: Nasdaq.com and their article: “Splunk (SPLK) Q4 Earnings and Revenues Surpass Estimates – Nasdaq” published on March 01, 2019 as well as Nasdaq.com‘s news article titled: “Notable Monday Option Activity: SPLK, QEP, GTT – Nasdaq” with publication date: March 11, 2019.

Investors sentiment decreased to 0.78 in Q4 2018. Its down 0.50, from 1.28 in 2018Q3. It dived, as 66 investors sold Splunk Inc. shares while 151 reduced holdings. 51 funds opened positions while 119 raised stakes. 134.38 million shares or 7.04% more from 125.54 million shares in 2018Q3 were reported. Td Asset Inc accumulated 321,813 shares. Arrowstreet Capital Lp holds 0.05% of its portfolio in Splunk Inc. (NASDAQ:SPLK) for 184,539 shares. Oppenheimer Asset Mgmt Inc owns 43,304 shares. Walleye Trading Ltd Liability Com holds 0.02% or 29,639 shares in its portfolio. Wellington Management Grp Inc Llp stated it has 0.05% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Winslow Ltd Com invested in 2,172 shares. Motco reported 2 shares. Two Sigma Ltd Liability Company holds 0% or 3,659 shares. Raymond James Financial Services owns 65,049 shares for 0.04% of their portfolio. State Treasurer State Of Michigan has 104,000 shares. Kbc Group Nv owns 61,230 shares. Chevy Chase Tru accumulated 243,641 shares or 0.12% of the stock. Azimuth Mngmt Limited Liability Corp, a Michigan-based fund reported 135,588 shares. Aviva Public Limited Liability Com accumulated 55,019 shares. Firsthand Cap Mngmt Inc reported 2.65% of its portfolio in Splunk Inc. (NASDAQ:SPLK).

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. The company has market cap of $18.82 billion. The companyÂ’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. It currently has negative earnings. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud service.

PayPal Holdings, Inc. operates as a technology platform firm that enables digital and mobile payments on behalf of clients and merchants worldwide. The company has market cap of $118.18 billion. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. It has a 58.91 P/E ratio. The company's platform allows clients to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

Among 12 analysts covering PayPal Holdings (NASDAQ:PYPL), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. PayPal Holdings has $119 highest and $88 lowest target. $107.42’s average target is 6.64% above currents $100.73 stock price. PayPal Holdings had 21 analyst reports since September 27, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained PayPal Holdings, Inc. (NASDAQ:PYPL) rating on Thursday, March 7. KeyBanc Capital Markets has “Buy” rating and $110 target. As per Monday, January 7, the company rating was maintained by Barclays Capital. The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) earned “Buy” rating by Nomura on Thursday, October 11. Atlantic Securities downgraded the stock to “Neutral” rating in Friday, February 1 report. BTIG Research upgraded PayPal Holdings, Inc. (NASDAQ:PYPL) rating on Friday, October 19. BTIG Research has “Buy” rating and $95 target. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, March 12. As per Monday, November 26, the company rating was maintained by Buckingham Research. The firm earned “Buy” rating on Thursday, February 21 by Wedbush. The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) earned “Buy” rating by Cantor Fitzgerald on Tuesday, February 26. The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) has “Neutral” rating given on Wednesday, February 6 by Guggenheim.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart